Featured Finance

Average bus fare decreases in December 2018 – NBS

By Elizabeth ADENUGA

The National Bureau of Statistics (NBS), says the average fare by commuters for bus journey within cities in the country decreased from N192.46 in November 2018 to N181.61 in December 2018.

The bureau said this in its Transport Fare Watch (December 2018) report released in Abuja on Thursday.

According to the report, the fare decreased by -5.64 per cent month-on-month and increased by 5.99 per cent year-on-year in the period under review.

It noted that states with highest bus journey fare within the city are Abuja (N312.50), Cross River (N323.08) and Zamfara (N300.00).

It said the states with lowest bus journey fare within the city are Rivers (N128.13), Anambra (N125.79) and Bauchi (N100.00).

According to the report, the average fare paid by commuters for bus journey intercity decreased to N1,579.11 in the period under review from N1,790.14 recorded in November 2018.

It noted that the price decreased by -11.79 per cent month-on-month and 7.99 per cent year-on-year in the period under review.

The bureau listed states with the highest bus journey fare intercity to include Abuja (N4,633.33), Borno (N2,500.00) and Adamawa (N2,275.00).

It said states with lowest bus journey fare within the city are Nasarawa (N155.56), Plateau (N254.29) and Bauchi (N966.67).

The NBS said the average fare paid by air passengers for specified routes single journey decreased to N31,471.62 in December 2018 from N32,804.05 recorded in November of the same year.

According to the bureau, the fare by air passengers decreased by -4.06 per cent month-on-month and by -5.73 per cent year-on-year in the period under review.

It said: “States with highest air fare are Lagos (N36,500.00), Abuja FCT (N38,500.00) and Jigawa (N38,500.00).

“Also, states with lowest air fare are Oyo (N25,000.00), Taraba (N25,500.00), and Katsina (N23,750.00).

 

Related posts

Local govt autonomy: NULGE mobilises against parties opposing bill

Our Reporter

Absence of judge stalls suit seeking to stop arrest, extradition of DCP Abba Kyari

Our Reporter

Nigeria’s, others’ debts being reconciled with creditors, says World Bank

Our Reporter

FG inaugurates Technical Committee to monitor, stabilise pump price

Meletus EZE 

SON calls for sanitization of pharmaceutical industry 

Charles Okonji 

Companies get 48-hour deadline to remit N200b unclaimed dividends

Our Reporter